India: Shipbreaking yards in India broke
all previous records in dismantling well over 500 vessels last year, according
to experts at Star Matrix.
It states in a report published in late
2012: 'India makes history in terms of maximum number of ships beached this
year, with 527 vessels making an average of 1.4 ships beached per day. With 5.2
million tonnes being recycled from ships, ship recycling in India contributed
to 9% of total steel manufactured in India.' Furthermore, 52 ships were
reported as arriving at the Alang shipbreaking hub during the final week of
2012.
Though optimism characterised the sector
in Bangladesh towards the end of last year, more movements and bigger vessels
are expected by mid-January 2013, remarks Star Matrix. And it adds that China's
demolition market 'has again geared up with a little influx in price' - a
development which subsequently 'opened doors' for ship owners to benefit from
competitive offers from markets in India, Pakistan and Bangladesh, as well as
China.
The demolition experts have also shared a
theory as to why ships in the 1000 to 6500 ldt range generally command lower
rates, arguing that they typically make their end-of-life voyage to Mumbai ship
recycling yards, resulting in a complete change in shipbreaking estimations and
costing.
As opposed to the Alang yards, Mumbai
boasts some 12-15 breaking plots which are all operated on a rental basis, thus
putting breakers 'at the mercy of Bombay port trust for the permissions and the
approvals of breaking a particular ship'. Mumbai has been breaking some 60
small ships a year, according to Star Matrix.
Source:
recycling international. 7 January 2013
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